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Nov 9, 2012
11/12
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CURRENT
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the new 2013 ram 1500. ♪ ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ ♪ guts. glory. ram. [ forsythe ] we don't just come up here for the view up in alaska. it's the cleanest, clearest water. we find the best sweetest crab for red lobster that we can find. [ male announcer ] hurry in to red lobster's crabfest! the only time of year you can savor 5 succulent crab entrees all under 20 dollars. like a half-pound of tender snow crab paired with savory grilled shrimp, just 12.99. or our hearty crab and roasted garlic seafood bake. [ forsythe ] if i wouldn't put it on my table at home, i wouldn't bring it in. my name's jon forsythe and i sea food differently. but when joint pain and stiffness from psoriatic arthritis hit even the smallest things became difficult. i finally understood what serious joint pain is like. i talked to my rheumatologist and he prescribed enbrel. enbrel can help relieve pain, stiffness, and stop joint damage. because enbrel, etanercept suppresses your immune system, it may lower your ability
the new 2013 ram 1500. ♪ ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ ♪ guts. glory. ram. [ forsythe ] we don't just come up here for the view up in alaska. it's the cleanest, clearest water. we find the best sweetest crab for red lobster that we can find. [ male announcer ] hurry in to red lobster's crabfest! the only time of year you can savor 5 succulent crab entrees all under 20 dollars. like a half-pound of tender snow crab paired with savory...
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Nov 10, 2012
11/12
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CURRENT
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what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ ♪ [ ♪ theme music ♪ ] >> gavin: after more than four decades in politics, willie brown is still a force to be reckoned with, both here in california and throughout this nation. willie, welcome to the show. >> thank you for having me. >> gavin: what do you make of the impact of money now nationally in this context. it seems to me that the super pacs played an extraordinary and influential role in the republican parties but less sow in the general election. we saw karl rove spinning the $300 million made things look better than they would have been without the money but most are analyzing that million plus money, the adelson money etc. did in the sho
what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ ♪ [ ♪ theme music ♪ ] >> gavin: after more than four decades in politics, willie...
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Nov 9, 2012
11/12
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CURRENT
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what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ ♪ >> jennifer: you are back inside "the war room." i'm jennifer granholm. so with the election in his rear-view mirror, president obama is starting to focus on his top goals for his second term. his cabinet and his white house staff are going to be the people who help to shape that agenda. we all know that several members of the administration including the secretary of state, hillary clinton, have already signaled they're not going to be sticking around for the second term. others do want to stay but perhaps in different roles. so this is the famous parlor game that we political junkies love to play. who's staying who's going who might be coming in an
what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ ♪ >> jennifer: you are back inside "the war room." i'm jennifer granholm....
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Nov 9, 2012
11/12
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CURRENT
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what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ ♪ (vo) cenk uygur is many things. >>oh really? >>tax cuts don't create jobs. the golden years as the conservatives call them, we had the highest tax rates, and the highest amount of growth, and the highest amount of jobs. those are facts. >>"if you ever raise taxes on the rich, you're going to destroy our economy." not true! ♪ >> announcer: this is the "bill press show." >> bill: thirteen minutes before the top of the hour here on the "bill press show." randi weingarten of the american federal of teachers in studio with us. this item caught my attention out of tennessee. a tennessee hospital. they are busy contacting thousands of patients after someb
what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ ♪ (vo) cenk uygur is many things. >>oh really? >>tax cuts don't create jobs....
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Nov 8, 2012
11/12
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CURRENT
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he said that would be good for the economy. he is also defending chris christie saying republicans should not blame him for romney's lost. chris christie said he just gave him credit for doing well. and points out he was the first governor to endorse mitt romney traveled tens of thousands of miles, and raised tens of thousands of dollars on his behalf. we're back after this. in romney's world, cars get the elevator and the workers get the shaft. that is a whole bunch of bunk. the powerful may steal an election, but they can't steal democracy. all across america people are using lysol in hundreds of unexpected ways to help keep their homes healthy. ben's mom uses it around the bathtub, the last place where she wants to find mold. lysol disinfectant spray kills mold and unlike clorox clean-up it's approved to keep it from growing back for up to a week. join the mission for health. see how people everywhere are using lysol disinfectant spray and share your own story on facebook. cook what you love and save your money. joe doesn't
he said that would be good for the economy. he is also defending chris christie saying republicans should not blame him for romney's lost. chris christie said he just gave him credit for doing well. and points out he was the first governor to endorse mitt romney traveled tens of thousands of miles, and raised tens of thousands of dollars on his behalf. we're back after this. in romney's world, cars get the elevator and the workers get the shaft. that is a whole bunch of bunk. the powerful may...
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Nov 14, 2012
11/12
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it could send our economy back into a recession. i'm going to keep going. people are saying why is this stock and that stock down. it is always the same. it is because the fiscal cliff. it is killing stocks. but you know what? some of the stocks that would be the worst hit, the defense contractors, are telling a different story. as a big part of the cliff, they are telling a different story. i'm talking about boeing. these stocks say that they have been down for so long that it is their time. that is why we are going off the charts to look at boeing. we are doing it with my colleague at realmoney.com. the paid sister site to thestreet.com. if it were so bad you would think it would be there. he thinks the stock is headed higher not lower. this is a pictograph. he thinks it's a thing of beauty. i see this. he says don't look at it like that. not only has the stock gone higher, but it has done so since the election. the big boys make boeing seem attractive. it is a strong floor of support under $69. it is going to give you what i call downside protection. the
it could send our economy back into a recession. i'm going to keep going. people are saying why is this stock and that stock down. it is always the same. it is because the fiscal cliff. it is killing stocks. but you know what? some of the stocks that would be the worst hit, the defense contractors, are telling a different story. as a big part of the cliff, they are telling a different story. i'm talking about boeing. these stocks say that they have been down for so long that it is their time....
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Nov 8, 2012
11/12
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WETA
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economy, economists worry that, as the global economy slows down, u.s. exports may follow suit. hurricane sandy showed up in the latest report on jobless claims, making them artificially low. initial claims for unemployment benefits dropped by 8,000 to a seasonally adjusted 355,000 at the end of last week. the number is expected to be revised higher as more data is collected. the labor department says one state filed fewer claims because of power outages, while the storm boosted claims in other states where more people looking for relief. later in the program, we'll look at sandy's impact on retailers. >> tom: the biggest bank in america has the okay now from uncle sam to pay back shareholders. jpmorgan will be allowed to restart a stock buyback plan early next year. like all systemically important banks jpmorgan has to get regulatory approval to change its dividend or stock-repurchase plan. the regulators want banks toncnl firepower to withstand troubled times before the banks will spend money on share holders. jpmorgan's buyback strategy was suspended this year after it lost $
economy, economists worry that, as the global economy slows down, u.s. exports may follow suit. hurricane sandy showed up in the latest report on jobless claims, making them artificially low. initial claims for unemployment benefits dropped by 8,000 to a seasonally adjusted 355,000 at the end of last week. the number is expected to be revised higher as more data is collected. the labor department says one state filed fewer claims because of power outages, while the storm boosted claims in other...
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Nov 12, 2012
11/12
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economy. >>> what will a second term for president obama mean to the economy? will we see compromise? or will we fall over the fiscal cliff? joining me now, two former top presidential advisers. laura tiesson, chair of economic advisers for clinton and marty feld stein under president reagan. thanks so much for spending the time today. >> thank you. >> good to be with you. >> so marty, both sides appear to be extending an olive branch when it comes to this fiscal cliff. do you think we will actually reach a compromise, and if so, how and when? >> sure hope so. because the consequence of not reaching a compromise for the american economy, the world economy, next year, would really be disastrous. we would be talking about a very deep recession. if we went over the cliff and didn't quickly bounce back from it. >> laura, you think there is a two-part solution, right? what do you mean by that? >> well, what i mean by that is we have the fiscal cliff, and then we have the need to get a long run compromise plan on deficit reduction over the next decade. i think we hav
economy. >>> what will a second term for president obama mean to the economy? will we see compromise? or will we fall over the fiscal cliff? joining me now, two former top presidential advisers. laura tiesson, chair of economic advisers for clinton and marty feld stein under president reagan. thanks so much for spending the time today. >> thank you. >> good to be with you. >> so marty, both sides appear to be extending an olive branch when it comes to this fiscal...
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Nov 13, 2012
11/12
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CNBC
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when things are slowing down in the economy, you don't buy sneakers. dick's delivered a good performing sales game. because a somewhat related company, cited the warm weather for their outerwear selections. however, it does make you feel better about what dick's is up to. the pin action from the success of home depot and dick's let's consider for a moment. that is a justifiable consequence of the company's gains. the common themes are awesome management. i salute home depot they have given shareholders for the returns. ♪ hallelujah . stick with cramer. >> next on the kudlow report. the president meets with big labor. will he give in and help push the leftist agenda? next on cnbc. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. ♪ ♪ ♪ [ male announcer ] some day, your life will flash before your eyes. ♪ make it worth watching. ♪ the new 2013 lexus ls. an entirely new pursuit. the new 2013 lexus ls. if we want to improve our schools... ... what should
when things are slowing down in the economy, you don't buy sneakers. dick's delivered a good performing sales game. because a somewhat related company, cited the warm weather for their outerwear selections. however, it does make you feel better about what dick's is up to. the pin action from the success of home depot and dick's let's consider for a moment. that is a justifiable consequence of the company's gains. the common themes are awesome management. i salute home depot they have given...
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Nov 10, 2012
11/12
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what we need are people prepared for the careers of our new economy. by 2025, we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone's ready with the know how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ >> you've got the u.s. marines in afghanistan. >> in honor of my grandfather. >> in honor of my great grandfather. >> thank you to the veterans today and the ones that came before us to help make our nation free. [ applause ] >> welcome back to our special salute to the troops show. we're proud to have so many brave men and women. i will gladly admit that there are some things the government does really well with national defense at the top of the list. but when you find yourself in a situation where we are at now, that's a problem. i'm a stock guy. i hate to pontificate about politics. it's supposed to be private. but with the fiscal cliff coming at th
what we need are people prepared for the careers of our new economy. by 2025, we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone's ready with the know how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ >> you've got the u.s. marines in afghanistan. >> in honor of my grandfather....
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Nov 11, 2012
11/12
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WJLA
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economy. >>> what will a second term for president obama mean to the economy? will we see compromise or fall over the fiscal cliff? joining me are two former top presidential advisers. laura tyson, chair of the economic advisers then for president clinton and marty feldstein who held the same title under president reagan. laura, marty great to have you on the program. thank you for spending the time today. >> thahank you. >> good to be with you. >> marty, both sides appear to be extending an olive branch when with it comes to the fiscal cliff. do you think we will reach a compromise? and if so how and when? >> i hope so. the consequence of not reaching the compromise for t american and world economy next year would be disastrous. we would be talking about very deep recession if we went over the cliff and didn't quickly bounce back from it. >> laura, you think there is a two-part solution. what do you mean by that? >> we have the fiscal cliff an a need to get a long-run compromise plan on deficit reduction over the next decade. i think we have to be realistic, t
economy. >>> what will a second term for president obama mean to the economy? will we see compromise or fall over the fiscal cliff? joining me are two former top presidential advisers. laura tyson, chair of the economic advisers then for president clinton and marty feldstein who held the same title under president reagan. laura, marty great to have you on the program. thank you for spending the time today. >> thahank you. >> good to be with you. >> marty, both sides...
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Nov 14, 2012
11/12
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FBC
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liz: two things helping the economy improve, retail sales number did not look that good, but depending on the company certainly. it is not all bad news. give me an example of people running for safety. >> pfizer is the perfect example. what is so interesting about that? liz: people feel safety, visor, the industry. >> it feels good to own those well-recognized names. you should look for the companies that are growing despite that. it is amazing people feel okay losing money in pfizer because it is pfizer. if you lost money in a company you are less familiar with. liz: some of those very names he feels are the places to be. the long-term bullish stock picker to, the number one moneymaker. 50 minutes before the closing bell rings. remember the '80s when the japanese bought everything american including the rockefeller center? chinese companies are now doing the same thing. plowing money into u.s. assets, u.s. companies at a record pace. already $8 billion worth this year. can you bank and this trend? make some money off it. the managing director at harris williams to tell you how to inve
liz: two things helping the economy improve, retail sales number did not look that good, but depending on the company certainly. it is not all bad news. give me an example of people running for safety. >> pfizer is the perfect example. what is so interesting about that? liz: people feel safety, visor, the industry. >> it feels good to own those well-recognized names. you should look for the companies that are growing despite that. it is amazing people feel okay losing money in...
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Nov 9, 2012
11/12
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what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone's ready with the know how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ >> hi, i'm air force captain shawn wilson. i'm currently serving in afghanistan. i have a message for my excruciatingly beautiful wife. a few more weeks and i'm bringing it home. i love you with all my heart. >> we celebrate our nation's troops. in order to take the celebration one step further, we have a chance to talk to an american international group, aig, largest insurance group on earth, having served as a lieutenant in the army. if you think of where aig was about four years ago when everybody thought the company was a goner and taken 182 million dollars of bailout money just to stay afloat. not only has the government turned a profit but they are
what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone's ready with the know how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ >> hi, i'm air force captain shawn wilson. i'm currently serving in afghanistan. i have...
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Nov 14, 2012
11/12
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KRON
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try to give americans as a home on should then we get almost 70 percent home on a chivalrous to the economy fall apart because the as-people should read what they are buying homes. >> in the 1960's a top tax bracket was 70 percent. bidding let's talk about facebook this morning. i'm watching facebook shares we thought they would plummet today. 700-800 million shares are out of the lockup. employes can sell them we thought with so many shares available the stock would plunge today. watching facebook is up 7.3%. this is one of the events that will get behind them. after they do the shares will come a lot more intriguing. retellings of coming out including michael corse says this is an important advertising. >> basically it is a trout, salmon swimming down the river. >> with facebook getting pass an event once they get past event it will become easy to become an investor. i'm looking between november and mid january at becoming an investor in facebook. >> a good lesson with the two not buy an ipo. >> and the restoration hardware bay area company went public in did pretty good on their ipo for
try to give americans as a home on should then we get almost 70 percent home on a chivalrous to the economy fall apart because the as-people should read what they are buying homes. >> in the 1960's a top tax bracket was 70 percent. bidding let's talk about facebook this morning. i'm watching facebook shares we thought they would plummet today. 700-800 million shares are out of the lockup. employes can sell them we thought with so many shares available the stock would plunge today....
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Nov 14, 2012
11/12
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i mean, it clearly the worst case outcome will have an impact on the economy but we have no ability to predict how it will get resolved. if you put yourself back four or five years ago we had a number of other economic issues we had to deal with. instead of worrying how is it going to happen we say to ourselves commerce marches forward five years from now corporations will be earning higher revenues and profits than today. forget about the noise and put your money to work. >> you reside over an international and global fund. give us names outside of this picture that you are excited about. more than 50% of the growth is in em. tell us what story is not so bleak. >> i mean, we have owned it for more than ten years. we love the business and we think it will continue to grow. it is growing in north america and in emerging markets. and i think it will continue to grow over the next ten years. the valuation here is reasonbly attractive. we would be focusing now with the weakness on more cyclical businesses. we have been buying a great company based here in the u.s. its earnings are going to
i mean, it clearly the worst case outcome will have an impact on the economy but we have no ability to predict how it will get resolved. if you put yourself back four or five years ago we had a number of other economic issues we had to deal with. instead of worrying how is it going to happen we say to ourselves commerce marches forward five years from now corporations will be earning higher revenues and profits than today. forget about the noise and put your money to work. >> you reside...
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Nov 14, 2012
11/12
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FBC
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the market, the economy. the fiscal cliff is threatening wall street, stocks beginning with some optism, a modest lly only to see wary of the fiscal cliff. the dow and s&p down half a percent on the day. the nasdaq down three quarters of a percent. all the indexes under the 200 day moving averages, that is not good. tech shares the weakest of the market, microsoft a big weight on the market down three and three arters of a percent on news the person responsible for the companies windows 8 has left the company. cisco unchanged but the stock is trading slightly higher. beating targets on revenue and earnings. and the stock market struggling, but the moneyymoving out of stocks back into the debt market pushing prices hgher. the 10-year yield down to a 1.59%. getting a better understanding of the constituents, back in waington in session with a long list of chores. none more pressing than dealing with a fiscal cliff of the benghazi investigion. joining us now, host of "huckabee" on the fox ne channel. and author
the market, the economy. the fiscal cliff is threatening wall street, stocks beginning with some optism, a modest lly only to see wary of the fiscal cliff. the dow and s&p down half a percent on the day. the nasdaq down three quarters of a percent. all the indexes under the 200 day moving averages, that is not good. tech shares the weakest of the market, microsoft a big weight on the market down three and three arters of a percent on news the person responsible for the companies windows 8...
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Nov 9, 2012
11/12
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CNNW
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this will bring jobs home, result in a stronger, healthier economy, and a stronger, healthier economy means more americans working and more revenues, which is what the president is seeking. this framework can lead to common ground, and i hope the president will respond today in that same spirit. as i said wednesday, this is an opportunity for the president to lead. this is his moment to engage the congress and work towards a solution that can pass both chambers. earlier this week, the president and i had a short conversation. it was cordial. i think we both understand that trying to find a way to avert the fiscal cliff is important for our country. and i'm hopeful that product active conversations can be begin soon so we can forge an agreement that can pass the congress. >> so perhaps the most important words were said after the prepared remarks, christine romans. >> that's right. i don't want to box myself in and i don't want to box anyone else in. it's a critical, critical new position. >> do you want to know why? i knew you did. after the break, you will. ♪ ooh baby, can i do for
this will bring jobs home, result in a stronger, healthier economy, and a stronger, healthier economy means more americans working and more revenues, which is what the president is seeking. this framework can lead to common ground, and i hope the president will respond today in that same spirit. as i said wednesday, this is an opportunity for the president to lead. this is his moment to engage the congress and work towards a solution that can pass both chambers. earlier this week, the president...
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Nov 13, 2012
11/12
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CNBC
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that's what's been behind whatever stimulation there is in the economy. i'm a little confused as to why you would think that would happen. >> what i'm saying is you could pick any target you want. picking targets is a far cry from actually making a difference on things like unemployment. targets are easy. >> but here's the thing. >> but the target is 2015. rates aren't movmoving. what are you suggesting? the fed was clear about this. >> if the rates go up, we're in a big, big problem because we cannot service the debt. they have to keep them down. >> very good point. >> i don't think that's what's behind fed policy. >> i do. >> when you think about higher interest rates, you have to consider why interest rates would be higher. they could be higher if there was more economic growth. more economic growth would mean higher tax revenue. in that regard, you wouldn't necessarily have to have these low interest rates. you could service a higher interest rate and a higher debt service if there was more economic growth. >> how do we get economic growth? >> when th
that's what's been behind whatever stimulation there is in the economy. i'm a little confused as to why you would think that would happen. >> what i'm saying is you could pick any target you want. picking targets is a far cry from actually making a difference on things like unemployment. targets are easy. >> but here's the thing. >> but the target is 2015. rates aren't movmoving. what are you suggesting? the fed was clear about this. >> if the rates go up, we're in a...
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Nov 11, 2012
11/12
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CNN
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a lot of people are nervous. >> reporter: no one expects any quick fix for the economy. >> it's big and it's going to take some time and a lot of work, and it would be nice to get at it. >> reporter: but they are more than ready to start building up again just as soon as the other washington settles down and gets back to work. tom foreman, cnn, washington, virginia. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. [ male announcer ] can a car be built around a state of mind? ♪ announcing the all-new 2013 malibu from chevrolet. ♪ with a remarkable new interior featuring the available chevrolet mylink infotainment system. this is where sophisticated styling begins. and where it ends? that's up to you. it's here -- the greatest malibu ever. ♪ >>> picture this scenario, it's a middle stages of cyclings greatest race,
a lot of people are nervous. >> reporter: no one expects any quick fix for the economy. >> it's big and it's going to take some time and a lot of work, and it would be nice to get at it. >> reporter: but they are more than ready to start building up again just as soon as the other washington settles down and gets back to work. tom foreman, cnn, washington, virginia. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our...
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Nov 14, 2012
11/12
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FBC
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economy because the u.s. is exporting less to these countries now that demand is falling as people are simply not spending. cheryl. cheryl: amy kellogg live for us out of london. thank you very much. dennis: here is an economic lesson defying the laws of supply and demand. facebook shares top 10% this morning, now up 9% despite the market being flooded with more than 800 new insider shares. usually huge supply will lead to a drop in price. as we send this chart, all facebook did solvent, turns out to look at this chart, the price has fallen the last 12 rading days. it is baked in, baby. and as we do every 15 minutes, stocks now. cheryl: the dow down 82 points right now? dennis: it gives me pain, cannot believe it. cheryl: i think nicole will help you feel a bit better. nicole: listen, there is the good news and bad news. we're still going, still up here to date, we have down arrows for the major averages, the dow and s&p down nearly 3% each and tech heavy nasdaq composite down 3% this month. take a look at ad
economy because the u.s. is exporting less to these countries now that demand is falling as people are simply not spending. cheryl. cheryl: amy kellogg live for us out of london. thank you very much. dennis: here is an economic lesson defying the laws of supply and demand. facebook shares top 10% this morning, now up 9% despite the market being flooded with more than 800 new insider shares. usually huge supply will lead to a drop in price. as we send this chart, all facebook did solvent, turns...
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Nov 14, 2012
11/12
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the market and the economy very much need for this fiscal cliff to be averted. then i also think that next year we need the grand bargain. i think there is a tremendous opportunity to accelerate the growth rate in america if we get a sound fiscal policy that's around the issues of the grand bargain. >> speaking of bargain, steve fold buying you guys for $775 million. i don't know whether you'd say that's a bargain or not, but is that representative of what we're going to see going forward in financial services deals? >> we think there's going to be more consolidation. kbw's research department has been speaking about that. we think our deal is a wonderful opportunity to make both of our companies stronger and we're very excited about it. >> tom, we'll see what the president says at 1:30. be well. >>> coming up at the top of the hour, our special report -- "rise above." focusing on the fiscal cliff and the drive for a solution to the fiscal cliff. >>> then at 1:30, of course we're going to cover the president's news conference live so stay tuned to cnbc. >>> but
the market and the economy very much need for this fiscal cliff to be averted. then i also think that next year we need the grand bargain. i think there is a tremendous opportunity to accelerate the growth rate in america if we get a sound fiscal policy that's around the issues of the grand bargain. >> speaking of bargain, steve fold buying you guys for $775 million. i don't know whether you'd say that's a bargain or not, but is that representative of what we're going to see going forward...
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Nov 13, 2012
11/12
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FBC
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the economy is far too slow. china is slowing more than expected, europe has problems, nevertheless we will solve the fiscal cliff, going to a lot of heart ache and headaches before then, but ultimately leading tribute celebration modestly in the economy. the market will grind its way higher. david: from your lips to god's ears. todd, we will check in with you to see how the s&p futures closeout. thank you, guys. the founder of the fifth most popular website in the whole world, so where does he think the future of information and technology lies? liz claman in naples, florida, with exclusive interview with wikipedia cofounder jimmy wales. and the drama and the european union continues with leaders not able to make any progress on the dire debt situation. one economist says our situation is not that much different. this u.s. the next greece? what we could be heading down the same path. and gas prices will drop. that is right, drop in time for the holiday travel. how low they are expected to go straight ahead on "a
the economy is far too slow. china is slowing more than expected, europe has problems, nevertheless we will solve the fiscal cliff, going to a lot of heart ache and headaches before then, but ultimately leading tribute celebration modestly in the economy. the market will grind its way higher. david: from your lips to god's ears. todd, we will check in with you to see how the s&p futures closeout. thank you, guys. the founder of the fifth most popular website in the whole world, so where...
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from the east room on the economy. that touches on the dysfunction in washington that americans say they hate. many think they went to bed to fix that. keeping them honest, not so fast. in seven weeks, the bush tax cuts expire, automatic spending cuts kick in. it's being called a fiscal cliff and even though it's more like the fiscal steep slope, heading down it it could do bad things to the economy. rolling down it, falling off it, have made markets nervous and credit rating agencies and economists of all stripes are warning about the consequences of not harming out a deal in time. politicians have been sending out mixed signals since the election. on the one hand, they are talking about common ground. take a look. >> we want our children to live in an america that isn't burdened by debt, isn't weakened by inequality. that isn't threatened by the disruptive power of a warming planet. >> the nation as you know is at a critical point. at a time like this, we can't risk partisan bickering and political posturing. >> if t
from the east room on the economy. that touches on the dysfunction in washington that americans say they hate. many think they went to bed to fix that. keeping them honest, not so fast. in seven weeks, the bush tax cuts expire, automatic spending cuts kick in. it's being called a fiscal cliff and even though it's more like the fiscal steep slope, heading down it it could do bad things to the economy. rolling down it, falling off it, have made markets nervous and credit rating agencies and...
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Nov 14, 2012
11/12
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our economy can't afford that right now. certainly no middle class family can afford that right now. and nobody in either party says they want it to happen. the other option is to pass a law right now that would prevent any tax hike whatsoever on the first $250,000 of everybody's income. and by the way, that means every american including the wealthyest americans get a tax cut. it means that 98% of all americans and 97% of all small businesses won't see their taxes go up a single dime. the senate has already passed a law like this. democrats in the hous but, what he said was, even though he didn't give me his vote, he is giving me his support to move this country forward. and he said, the same to his republican representatives in washington. he said that, he will back each of us regardless of party, as long as we work together to make life better for all of us. and he made it clear that if we don't make enough progress he will be back in touch. so my hope, he wrote, is that we can make progress in light of personal party pri
our economy can't afford that right now. certainly no middle class family can afford that right now. and nobody in either party says they want it to happen. the other option is to pass a law right now that would prevent any tax hike whatsoever on the first $250,000 of everybody's income. and by the way, that means every american including the wealthyest americans get a tax cut. it means that 98% of all americans and 97% of all small businesses won't see their taxes go up a single dime. the...
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Nov 14, 2012
11/12
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CNBC
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it's hurting our ability to grow and grow the economy. and they want a fix of some kind as soon as possible. that's why 12 ceos are meeting with the president today. we expect the meeting around 2:30 p.m. eastern time. not sure how long the meeting will last. ceos will come out. that's why i'm here. i'll try to grab a few and get comments and what was said, did they reach any kind of conclusion on how to fix the fiscal cliff and are we any closer to getting this big problem, perhaps a trillion dollar problem finally put behind us, guys. >> it will be interesting to see how the news conference goes from obama before that. he's clearly hardening his position in asking for the revenue increases that we now learn he's asking for. he's not negotiating from the middle. as we look down this list, let's be honest with this, from an obama perspective emboldened by the election, a lot of people haven't paid a lot of corporation tax recently. a lot of them didn't vote for this man either and a lot of them actually have not created a huge number of a
it's hurting our ability to grow and grow the economy. and they want a fix of some kind as soon as possible. that's why 12 ceos are meeting with the president today. we expect the meeting around 2:30 p.m. eastern time. not sure how long the meeting will last. ceos will come out. that's why i'm here. i'll try to grab a few and get comments and what was said, did they reach any kind of conclusion on how to fix the fiscal cliff and are we any closer to getting this big problem, perhaps a trillion...
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Nov 10, 2012
11/12
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CNNW
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what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ >>> welcome back. the 2012 election is barely over. would you believe political junkies are wondering who may be running for president in 2016? paul steinhouser takes a look at the names being whispered in political circles. paul? >> reporter: susan, call it the never ending campaign. when one election ends, the next one begins. >> i have just called president obama to congratulate him. >> i just spoke with governor romney and i congratulated him and paul ryan on a hard fought campaign. >> reporter: with the 2012 election barely in the rearview mirror, we're already thinking about the next road to the white house. marco rubio heads to iowa next weekend
what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ >>> welcome back. the 2012 election is barely over. would you believe political...
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Nov 13, 2012
11/12
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CNBC
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where does the economy pick up steam? because it's pretty clear, they start talking yesterday about increasing taxes on real estate transactions, on property. so it's not going to be in construction. so if it goes to a consumer-based economy, you know, first of all, let's talk about that. let's go to consumer-based economy, are they successful in doing it, whereas europe hasn't been able to turn it around, much more experienced at capitalism. the u.s. is having problems turning it around. certainly we're more experienced. why do you have so much faith that the chinese can do it, whereas the other fully developed countries couldn't do it. >> first of all, we're not necessarily looking for much of a pickup. we're just looking for growth to stabilize around the 7.5 to 8% level. which is a high level by global standards. >> it's a low level by chinese standards. let's put it in perspective. >> but that's also because the economy is getting bigger and you can't, therefore, have 10, 11% growth for the rest of time. it's an econ
where does the economy pick up steam? because it's pretty clear, they start talking yesterday about increasing taxes on real estate transactions, on property. so it's not going to be in construction. so if it goes to a consumer-based economy, you know, first of all, let's talk about that. let's go to consumer-based economy, are they successful in doing it, whereas europe hasn't been able to turn it around, much more experienced at capitalism. the u.s. is having problems turning it around....
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Nov 13, 2012
11/12
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is stimulating or trying to stimulate the economy. and this kind ever environment is good for gold much as india we expect the same scenario very possibly to be unfolding shortly in the united states and in europe where the quantitative easing policies aren't really working to stimulate the economy or they're doing really creating inflation. probably what the countries have to do in order to avoid a debt default because most countries have lost control of the debt situation. so the only way to avoid the default in our view would probably be to print to devalue the debt but this real terms, that means inflation. so inflation is very much the main focus of gold for us and that's yes with think it will go a lot higher from here. >> martin, what then is your price target for gold by the end of, say, 2013? >> firstly we don't sell short price targets. we've seen this 2008 that sometimes also what many people should actually see or recognize earlier possibly as a safe haven, sometimes they can also take a hit if you have shorter term deleve
is stimulating or trying to stimulate the economy. and this kind ever environment is good for gold much as india we expect the same scenario very possibly to be unfolding shortly in the united states and in europe where the quantitative easing policies aren't really working to stimulate the economy or they're doing really creating inflation. probably what the countries have to do in order to avoid a debt default because most countries have lost control of the debt situation. so the only way to...
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Nov 13, 2012
11/12
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the global economy grows 4% plus. cheryl: you also like the auto sector, which i think is interesting. i mean, again, those stocks have performed fairly well this year, but still gm under a lot of pressure, not where it needs to be frankly on the government's perspective anyway. >> right. we like the fact they will contribute to growth this year. whether they are the right stock and right way to play it, not so much. we like industrials generally, manufacturing as well and technology we think continues to be a very good play. cheryl: i mentioned some of the sectors that got hit last week, what do you think about defense right now? >> defense, i think, we were not playing defense big anyway. healthcare we're still concerned about for the obvious reasons, right? there's going to be a lot of pressure, a lot of constraints given what's going on in a macro sense. so, you know, we were underweight healthcare. we would still be underweight healthcare. again, look tr stocks that gives -- look for stocks that gives you the abi
the global economy grows 4% plus. cheryl: you also like the auto sector, which i think is interesting. i mean, again, those stocks have performed fairly well this year, but still gm under a lot of pressure, not where it needs to be frankly on the government's perspective anyway. >> right. we like the fact they will contribute to growth this year. whether they are the right stock and right way to play it, not so much. we like industrials generally, manufacturing as well and technology we...
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Nov 14, 2012
11/12
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he insists his planned reforms will turn the economy around. but in a high-profile blow to those presidents, gerard is the latest frenchman to flee the country because of the high income tax increase. stephane has more in paris. as we look at some pictures, how has this gone down in the rest of france? are they viewing this as a criticism of the french tax system or of him? >> it's all about francois hollande. he explained the policy of the government, including fiscal policy. there's not much room for depardieu this morning. but it's not a big surprise. it's one less paying taxes in france as a result of the new tax policy implemented by the socialist government. it's a report from the belgium newspaper, which is reporting that gerard depardieu brought a property in a small village located just by the french border, and plans to escape the tax implemented by the government. the mayor of the village was unable to confirm that gerard depardieu bought a home in the village. it wouldn't be surprising, though, because this small village already has
he insists his planned reforms will turn the economy around. but in a high-profile blow to those presidents, gerard is the latest frenchman to flee the country because of the high income tax increase. stephane has more in paris. as we look at some pictures, how has this gone down in the rest of france? are they viewing this as a criticism of the french tax system or of him? >> it's all about francois hollande. he explained the policy of the government, including fiscal policy. there's not...
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Nov 13, 2012
11/12
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consir carefully before investing. >>> down day for stocks but a very big up day for natural gas. sharon epperson is here with that story. >> bill, it was a stunning rally that really took some traders by surprise. we've seen natural gas futures rise by about 25 cents in the last two days. the close today was the high else settlement price we've seen for the year, driving the prices higher, expectations that we will see the first withdrawal from natural gas in storage for the season as colder temperatures have started to set in. we're going to expect to see heating demand pick up over the winter. you add to that the fact there have been these expectations that we're going to see natural gas supplies really grow over the next several years. the energy infor
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consir carefully before investing. >>> down day for stocks but a very big up day for natural gas. sharon epperson is here with that story. >> bill, it was a stunning rally that...
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Nov 14, 2012
11/12
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KNTV
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share cash dividend and, two, it has $45 billion of cash in the bank that will protect it in case our economy goes south. jessica. >> okay, thank you, scott. >>> as congress returned to work today in washington, some democrats were pushing an unorthodox idea for coping with that so-called fiscal cliff. they're proposing letting the steep tax hikes and spending cuts take effect in the new year, which would force republicans to bargain. the white house says it wants a deal without going over the fiscal cliff. lawmakers have about seven weeks to reach a budget deal that will avoid that scenario. some fear the economic uncertainty could ignite turmoil in the financial markets or cause businesses to delay hiring and spend less. all this week the president is meeting with lawmakers and leaders in labor and business getting their input on the situation. >>> it seems to be changing by the hour. another twist in this widening scandal. two women and now two generals are under investigation in the david petraeus saga. janelle wang breaks down this complicated case in our world tonight. >> reporter: raj,
share cash dividend and, two, it has $45 billion of cash in the bank that will protect it in case our economy goes south. jessica. >> okay, thank you, scott. >>> as congress returned to work today in washington, some democrats were pushing an unorthodox idea for coping with that so-called fiscal cliff. they're proposing letting the steep tax hikes and spending cuts take effect in the new year, which would force republicans to bargain. the white house says it wants a deal without...
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Nov 9, 2012
11/12
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KRON
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he will talk to the about the economy and we will go live coverage of it. here is expected to speak at 10 05 this morning. 737 >> 737 a m in the san mateo bridge has lots of sunshine and we will be back in a moment. ♪ [ male announcer ] start with an all new award winning car. good. now find the most hard core driver in america. that guy, put him in it. what's this? [ male announcer ] tell him he's about to find out. you're about to find out. [ male announcer ] test it. highlight the european chassis, 6 speed manual, dual exhaust, wide stance, clean lines, have him floor it, spin it, punch it, drift it, put it through its paces, is he happy? oh ya, he's happy! [ male announcer ] and that's how you test your car for fun. easy. >> colorado democrats have the first openly gay house speaker in that state's history. there currently to openly gay house speaker's in the state legislatures in the country. the appointment is particularly notable because colorado's ban gay marriage six years ago and can't banned from the sodalities from protecting the administratio
he will talk to the about the economy and we will go live coverage of it. here is expected to speak at 10 05 this morning. 737 >> 737 a m in the san mateo bridge has lots of sunshine and we will be back in a moment. ♪ [ male announcer ] start with an all new award winning car. good. now find the most hard core driver in america. that guy, put him in it. what's this? [ male announcer ] tell him he's about to find out. you're about to find out. [ male announcer ] test it. highlight the...
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Nov 14, 2012
11/12
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what republicans said is -- let's make the economy bigger and grow economy so people are making more money. we naturally get more taxes. in other words, taxing a bigger salary as opposed to raising the tax rate. either way you end up paying more taxes and more money in one scenario. hope or compromise because the spirit of compromise seems to be here. in terms of where they are, you neither have -- seems to have really buzzed a lot from their initial positions here. we are dealing with a deadline. >> this is very interesting. one last thing. as all happening as we are expecting the announcement, house minority leader from nancy pelosi, of course, bay area's pelosi. is she expected to step down as minority leader? >> reporter: she could. we are going to get that announcement shortly. keep in mind that this is the second election where they have failed to have a democratic majority in the house. she has been the minority leader now through two elections and certainly possible that she may not -- republican leadership that we don't expect to change over much at all. she may hand the man
what republicans said is -- let's make the economy bigger and grow economy so people are making more money. we naturally get more taxes. in other words, taxing a bigger salary as opposed to raising the tax rate. either way you end up paying more taxes and more money in one scenario. hope or compromise because the spirit of compromise seems to be here. in terms of where they are, you neither have -- seems to have really buzzed a lot from their initial positions here. we are dealing with a...
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Nov 15, 2012
11/12
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CNBC
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they think if we go over the fiscal cliff a weak economy could damage cvs's business. can we just stipulate that the pharmacy business is the last place you stop shopping in a slowdown? i'm not going to some cheaper toothpaste. i'm not going to forego toothpaste. i'm not going to lighten up on the medicine. i think the stock is already beginning to overcompensate for the looming cliff. one of my absolute favorites. of the cliches that we've been using, i've been going with looming cliff today. oh, and we heard after the bell that warren buffett's berkshire hathaway sold its cvs stake back in september, which even though it was before all the good news could weigh on the stock tomorrow. second, cvs's stock has been hurt because of bad results from some of its competitors. on the pharmacy benefit management side, express scripts reported an absolutely dismal quarter. talk about a party pooper. what are these, titanium balloons? anyway, that made people worry about caremark. on the pharmacy side walgreen's reported disappointing numbers. people are extrapolating from walg
they think if we go over the fiscal cliff a weak economy could damage cvs's business. can we just stipulate that the pharmacy business is the last place you stop shopping in a slowdown? i'm not going to some cheaper toothpaste. i'm not going to forego toothpaste. i'm not going to lighten up on the medicine. i think the stock is already beginning to overcompensate for the looming cliff. one of my absolute favorites. of the cliches that we've been using, i've been going with looming cliff today....
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Nov 8, 2012
11/12
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CSPAN2
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of broad sector of our economy. when you think about 310 million people competing against, you know, the rest of the world, what becomes interesting here is that talent and capital is going flow where it's most welcome. and public policy perspective, i think we need to make sure we're advance agenda that welcomes both the talent and the capital and companies that have been created here in the united states whether you go back and look at the auto industry, whether you look at what is happening with the semiconductor industry. classically -- i think we need to think about the broader economy in the context. and i think the big problem with the base of the pyramid is fundamentally education. all right. across the country there are 3.6 million job openings today. 3.6 million. we just are not able to find the talented work force to be able to fulfill this job. >> paul, what are the things that are uniquely great about the american system that work for you and what are the things that maybe uniquely not so great that you
of broad sector of our economy. when you think about 310 million people competing against, you know, the rest of the world, what becomes interesting here is that talent and capital is going flow where it's most welcome. and public policy perspective, i think we need to make sure we're advance agenda that welcomes both the talent and the capital and companies that have been created here in the united states whether you go back and look at the auto industry, whether you look at what is happening...
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Nov 9, 2012
11/12
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understand you won, you get those top tax rate expirations and in return we need to do something on the economy. >> guys, i love what you're saying but we've got to rise above in this country about who won and who lost. right? who cares? we're all going to lose if we don't fix it. when you look at the demographic profile of this country, right, and medicare spending and social security payments, 7,500 people every hour turning 60 years old. they're spending money on medicare, extracting probably more than they ever paid in, by far in some cases. post-obama, post-next president, whoever it is, they're looking to fix that now. >> the president was clear both today and in his budget that medicare and medicaid are on the table. tony wants social security to be on that table, too. that's worth having a discussion about. >> thank you, tony, final question to you. do the republicans have the political cajones to go to their base, the seniors and say, i'm sorry, you may not get everything you paid for because 30 years ago we didn't realize people were going to stop having kids. >> i think that's a ques
understand you won, you get those top tax rate expirations and in return we need to do something on the economy. >> guys, i love what you're saying but we've got to rise above in this country about who won and who lost. right? who cares? we're all going to lose if we don't fix it. when you look at the demographic profile of this country, right, and medicare spending and social security payments, 7,500 people every hour turning 60 years old. they're spending money on medicare, extracting...